Pari Passu reimbursement
I know that Pari Passu claims firms will reimburse the subscription cost, at least at that bank that is not the case. I am curious which banks actually let you expense it or is it predominently buyside firms?
Based on the most helpful WSO content, there isn't specific information in the dataset about banks reimbursing Pari Passu subscription costs. However, it is noted that buy-side firms, particularly in private equity and hedge funds, often provide generous perks, including reimbursements for various professional expenses. For example, some buy-side firms cover costs related to education, certifications, or professional development, such as GMAT prep or school visits.
If you're looking for reimbursement policies specific to banks, it might be less common compared to the buy-side. You may want to check with your firm's HR or expense policy for clarity.
Sources: 2023: What are your buy-side perks?, 6 months on the job in PWM: 3 things I noticed, Fund-Level Revolvers, The UK Says JK | The Daily Peel | 10/4/22, [FT Recruiting 2020] Updates on banks that still sponsor H1B for international undergrads?
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